WORLD CENTRAL BANKS ON 'RED ALERT'

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WORLD CENTRAL BANKS ON 'RED ALERT'

Postby st louis steve on Fri Aug 03, 2012 12:55 pm

WORLD CENTRAL BANKS ON 'RED ALERT'
Joe Weisenthal | Aug. 2, 2012, 4:15 PM | 8,250 | 15
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Jon Hilsenrath, the world's best central bank reporter, says that the conclusion from this week is that the world's big central banks (the Fed and the ECB, natch) are on 'red alert' over the state of the US economy.
From WSJ:
Ben Bernanke and Mario Draghi, with words but not yet actions, demonstrated this week that they are on red alert about the global economy.
Expectations are now high that Mr. Bernanke's Federal Reserve and Mr. Draghi's European Central Bank will act soon to address those worries. But both face immense tactical and political challenges and neither has a handbook to follow.
Click here to see the whole report >


Read more: http://www.businessinsider.com/world-ce ... z22VSjNDwj http://www.businessinsider.com/world-ce ... ert-2012-8
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Re: WORLD CENTRAL BANKS ON 'RED ALERT'

Postby GodsStudent on Fri Aug 03, 2012 6:03 pm

its seemingly all coming together...oh boy.
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